Observations:
1.)Reduction in open interest at the call side. (Option chain)
2.)Point of control at Rs 820.
3.) HVN at 840.
4.)Formation of narrow range candle on 17 April, with some demand on lower levels.
5.)The narrow range candle may lead to an increase in volatility on Monday.
Trading Tip: You may use retreatment to enter the stock
1.)Reduction in open interest at the call side. (Option chain)
2.)Point of control at Rs 820.
3.) HVN at 840.
4.)Formation of narrow range candle on 17 April, with some demand on lower levels.
5.)The narrow range candle may lead to an increase in volatility on Monday.
Trading Tip: You may use retreatment to enter the stock
Comment:
POC & HVN are from volume profile
Comment:
LUPIN had strong support at Rs 810
Comment:
Lupin has taken swings towards HVN